Technical Indicators for MetaTrader 4 - 49

An indicator of patterns #47 and #48 ("Triangle, ascending" and "Triangle, descending") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K1 - an additional parameter that influences the accuracy of pattern shape recognition K2 - an additional parameter that influences the accuracy of pattern shape recogn

The Heatmap indicator This Heatmap indicator allows you to display a "heatmap" of all symbols selected in the Market Watch. In this version it shows the percent price change in relation to the last daily close , what can give a quick overview of the market. This is a tool to help traders identify how strong is a currency in relation to all other pairs. This is a visual tool, and cannot be used inside Expert Advisors. In this sense, it's more a tool for discretionary traders, instead of automated

Indicator finds most prominent extremums (highs and lows) in history and displays their price levels for currently visible range of prices. 8 levels are shown at most. This is a tool for those who used to lookup the history for important levels formed by reversal points outliers. If price scale is changed manually or adjusted automatically for changes in time scale, indicator visualize all found levels (if any) inside visible area. The width (importance) of a level depends from a number of times

This indicator monitors the vital constants of your trading account to keep it healthy and away from excessive risks. It monitors all trades, absolute exposure, account floating point and leverage currently in use, using different color codes for your interpretation.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to understand The indicator is clean and simple It calculates exposure by pairs and currencies Keep your used leverage controlled at all ti

PivotPoints Advanced is the usual pivot point table indicator but with the following enhanced features: Customizable start hour to calculate daily pivots Alerts you when some level is crossed by the price Pivot Point's timeframe depends on the chart's one: daily below daily charts, weekly on daily charts and monthly above daily charts.  Support and Resistance are mutable for those who only use the pivot point line.  Keep the cleanest possible screen following the rules below:  Show as much as Pi

MACD Converter is an analogue of the MACD Message with more advanced functionality: It has two signal lines: Signal Line 1 and Line 2, bar outlines are colored according to Line 1, it also triggers the trend notifications. MACD Converter converts the parameters of Fast MA, Slow MA and Signal Line 1 and Line 2 lines from the interval specified in the settings (Convert Time Frame) to smaller timeframes. This allows receiving a signal for making a decision within the specified (Convert Time Frame)

NewsMomentum is an indicator that monitors the market between the specified hours and sends an alert to potentially buy or sell when the momentum of the market increases such that there may be a reaction to the news for the observed currency pair. As always, it is best to confirm these movements with other factors such as support and resistance breaks. This indicator works on any timeframe but it is recommended to be used on a smaller timeframe, such as M5, due to the speed at which the news inf

TIL New Bar Timer executes one simple yet very powerful task - it displays the time left before a new bar forms in any timeframe. With this indicator, you can effectively prepare to enter or exit trades in most occasions, as TIMING IS EVERYTHING. TIL New Bar Timer also changes color gradually as the timer ticks down to zero. This helps the user to estimate quickly how much time there is left in one glance. There are basically three colors that the timer changes to: Red - this means that a new ba

Pivot Point is a technical indicator widely used by traders to predict major price movements by calculating various levels of support and resistance. Investopedia defines the pivot point as follows: A technical analysis indicator used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to indicate ongo

TIL Currency Performance Meter is an intuitive technical indicator for quantifying and visualizing the current momentum and relative strength of the eight major currencies, namely: USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD, on all timeframes. This is achieved by calculating and consolidating the price percent changes of 28 currency pairs from a certain point in time. The indicator generates a chart wherein each currency is represented by a color-coordinated bar that either shoots up or drops do

TIL Multi RSI indicator applies RSI to 28 currency pairs all at once and displays the most current signal of each one in a two-column list. The currency pairs involved are the combinations of the eight major currencies (USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD). All the currency pairs are sorted automatically from the one with the highest signal down to the one with the lowest signal in a two-column list starting from the top left to the bottom right. Just a quick recap on what the Relative St

Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? Usually such calculations use a fixed period, but does it reflect the nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Accordingly, the dynamic ranges built for the process occurring "here and now" suit the nature of the market better. The Growing Bands indicator u

The market price is moved by the market makers with large amounts of equity. The only way to understand intentions of big players is to track their activity by concentration of volumes on one level or another. Volume Ticks ResSup draws a level with the maximum concentration of a tick volume since the beginning of a day. In most cases, such level is an actual support or resistance level. Parameters ColorLevelSupport - support line color; ColorLevelResistance - resistance line color; BarsDayCount

This is a multi-timeframe (MTF) indicator displaying support and resistance lines. Support and Resistance lines are calculating automatically from three higher timeframes (TF). Traders may use Support and Resistance to enter positions and update a Stop Loss value. Input Parameters bPeriod - use this parameter to optimize indicators for each timeframe; VisibleBars - for how many Bars (from the current one) the indicator's lines will be visible. Any changes are possible.

Introduction to Harmonic Pattern Scenario Planner The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind. Main Features Predicting future patterns for scenar

The main purpose of this indicator is to show 2 lines of possible Trailing Stop Loss values: Yellow/Aqua line for Trailing Stop Loss  closer to the current price  Orange/Blue line for more risky (but more profitable) Trailing Stop Loss. If the line (looks like a staircase) changed the colors from Yellow to Aqua (line #1) and/or from Orange to Blue (line #2) accordingly this mean that we have a situation when a trend changed its course to the opposite. So, this Indicator can be useful to open pos

This Indicator is based on the classical indicator ‎"Relative Strength Index". IT draws 2 lines:  Main blue line with input parameter RSIPeriod . Signal red line. Buy when the main line (Blue) falls below a specific level = 30 and then rises above that level and main line rises above the signal line (Red). Sell when the main line (Blue) rises above a specific level = 70 and then falls below that level and main line falls below the signal line (Red).

This indicator is designed for M1 timeframe and shows: sum of ticks when the price goes up divided by sum of ticks when the price goes down (red color); sum of points when the price goes up divided by sum of points when the price goes down (green color). The correlation between the number of ticks and the number of points for each and every minute will give enough data for scalping.

This Indicator will simplify your trading life. The Indicator has no input parameters. Red arrows indicate the beginning of the Down trend and it will be a good time to open a Short position. Green arrows indicate the beginning of the Up trend and it will be a good time to open a Long position.

This indicator was inspired by М & W Wave Patterns by A. Merrill. 5 extremums or 4 edges of ZigZag are enough to build M or W pattern at arbitrary offset in the history. The classical approach includes a table of predefined figures of ZigZag waves, which can transform into each other under special rules—so that next edge can be forecasted based on these rules. Unlike to this approach, the indicator analyses available history and builds statistics for all M and W patterns, which differ in their c

EwoMov indicator is useful for determining a trend with higher period of price Moving Averages (it should be higher than 200). I am using this indicator for swing trade on M5-M30 charts. This indicator uses several bars for calculation. They are all saved in external parameters. The proper values are 5 - 13 - 34, but you can change them. It is ready for all timeframes, but does its best for M5-H1. It is designed to be optimized for other timeframes. You can find some explanations on screenshots.

This indicator has only one input parameter - Alerts. If Alerts is true , then Alert message will appear when Long or Short trend starts. Each message contains: time, name of the currency pair and the current timeframe. Green arrow indicates UP trend. Red arrow indicates DOWN trend. This indicator will be helpful when someone is deciding to make Buy or Sell position.

Know the TREND at first glance.    The ability to see which way the market is heading instantly. This is a must for all trend traders. Works on all time frames. No need to optimise DOES NOT REPAINT once candle is closed   The Trend Candles are a great tool to replace standard candles.  They also help to reduce the clutter on your charts and show you what you need to see - DIRECTION Join my Telegram Analysis channel ( Free ) You will see how I use my indicators to get in & out of my trades.

This indicator calculates the next possible bar for each currency pair and timeframe. If the next possible Close will be greater than Open, the next possible bar will be in Aqua color. If the next possible Close will be less than Open, the next possible bar will be in Orange color. Of course, the next possible bar will not show the big price movement. This indicator is most useful in the quiet time.

This indicator is designed for M1 time-frame and shows: Sum of ticks when the price goes up (color Green -The major component of a candlestick = the body). Sum of points when the price goes up (color Green -The extension lines at the top of the candle). Sum of points when the price goes down (color Red -The major component of a candlestick = the body). Sum of points when the price goes down (color Red -The extension lines at the lower end of the candle). Plus classical indicator Commodity Channe

Support Resistance Screener is an indicator that plots for you the direct support and resistance lines finding them by the fractal method. It can display as many supports and resistances as you want and it can plot these lines directly (meaning there is no interference from the fractal until the actual moment) and indirectly (lines that have been interfered by the price previously). This indicator can plot the supports and resistances in the actual timeframe, or you can choose another one by sel

NoFear indicator is based on Advanced Moving Average. It is used in technical chart analysis providing signals whenever a rate change appears that exceeds the upper or lower border. The indicator works very well on trend market. It is easy to find good entry points by blue/violet arrows. The upper and lower bands should be used like support/resistance levels and stop/exit points. All signals do not repaint, and can be used immediately when they are coming. This means we do not need to wait for a

Simply drop the indicator to the chart and Fibonacci levels will be shown automatically! The indicator is developed for automatic drawing of Fibonacci levels on the chart. It provides the abilities to: Select the standard Fibo levels to be shown Add custom levels Draw the indicator on the timeframes other than the current one. For example, the indicator is calculated on the weekly period (W1) and is displayed on the monthly period (MN1) Select the timeframes the indicator will be available on Ca

The MACD offers the best of both worlds: trend following and momentum. Traders can look for signal line crossovers, center-line crossovers and divergences to generate signals. Because the MACD is unbounded, it is not particularly useful for identifying overbought and oversold levels. It is not easy to use any indicator on smaller timeframes because traders cannot not look away from the screen. This classical indicator includes "Alert" function (see screenshots). Keep in mind that this indicator

This multi-timeframe indicator is based on the idea of classical indicator CCI (Commodity Channel Index). As you know, CCI was developed to determine overbought and oversold levels. The CCI does this by measuring the relation between price and a moving average (MA), or, more specifically, normal deviations from that average. This particular indicator shows the modified CCI data from higher timeframe ordered by an input parameter "TF". Green rhombus on the chart represent an UP trend and Red rhom

The Doji candlestick pattern is characterized by one that has its open and close prices nearly (if not exactly) equal and resembles the shape of a cross. It is often regarded as a sign of indecision and is especially significant if seen in a down trend or up trend, which potentially signals that sellers or buyers are losing conviction. The TIL Doji Price Action finds and marks all Doji candlestick patterns and intelligent approximations thereof. In addition, it predicts the direction of price wi

Many indicators are based on the classical indicator Moving Average . The indicator All_TF_MA shows crossing of 2 MA from each TimeFrames . You will be able to change main input parameters for each MA for every TF. Example for M1 TF: Period1_Fast = 5 Method1_Fast = MODE_EMA Price1_Fast = PRICE_CLOSE Period1_Slow = 21 Method1_Slow = MODE_SMA Price1_Slow = PRICE_TYPICAL

The Candle Alert indicator recognizes 27 main candlestick patterns. Indecision Early Reversal Decisive Reversal Others Doji Hammer Bullish Engulfing Bullish Harami Grave Stone Shooting Star Bearish Engulfing Bearish Harami Dragon Fly Pricing Morning Star Bullish Yin Yang Spinning top Dark Cloud Cover Evening Star Bearish Yin Yang Spinning Bottom Doji Close Low 3 White Soldiers Hanging Man Doji Close High 3 Black Crows Inverted Hammer   Tweezers Top Bullish Inside Break Out Bar     Tweezers B

Overview This is a very simple indicator that displays the relative strength values of the currencies on te current chart and timeframe. The strength is only calculated for the currencies: AUD - Australian Dollar CAD - Canadian Dollar CHF - Swiss Franc EUR - European Union Euro GBP - Great Britain Pound JPY - Japanese Yen NZD - New Zealand Dollar USD - United States Dollar These are considered the major currencies in the world. There are 28  distinct combinations of major currency pairs. Other

This indicator is based on the classical indicator CCI (Commodity Channel Index) and will be helpful for those who love and know how to use not a visual but digital representation of the indicator. All TimeFrames CCI MT4 indicator shows values from each timeframe. You will be able to change the main input parameters for each CCI for every TF. Example for M1: sTF1_____ = "M1"; Period1 = 13; Price1 = PRICE_CLOSE.

This indicator is based on the classical indicator STOCHASTIC and will be helpful for those who love and know how to use not a visual, but digital representation of the indicator. All TimeFrames Stochastic MT4 indicator shows values from each timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN1). You will be able to change the main input parameters for each Stochastic from every TF. Example for M1: sTF1_____ = "M1"; K_Period1 = 5; D_Period1 = 3; S_Period1 = 3; Method1 = MODE_EMA.

ForexTrendMT4 Indicator: A Reliable Tool for Market Tracking The ForexTrendMT4 indicator offers reliable market trend tracking, filtering out sudden fluctuations and market noise. This tool helps identify trends and signals favorable entry points into the market using arrows. It is suitable for both scalping on shorter timeframes and long-term trading strategies. Based on the principles of technical analysis, ForexTrendMT4 takes into account the cyclical nature of the market. Key Features and A

This indicator is based on the classical indicator  Parabolic SAR  and will be helpful for those who love and know how to use not a visual, but digital representation of the indicator.  All TimeFrames PSAR MT5  indicator shows values from each timeframe (M1, M5, M15, M30, H1, H4, D1, W1 and MN1). You will be able to change the main input parameters for each Stochastic from every TF. Example for M1: sTF1 = M1 pStep1 = 0.02 pMax1 = 0.2

Zig Zag Swing Detector is a talking indicator tool, that let you track new highs and lows using Zig Zag patterns and allows you to react to new highs and lows. For example for uptrend each time there is higher hi spotted, the strength of the trend is increased. Trend is ended with lower low than the previous one. Be notified by Alerts, Speech and Notifications and be alerted about new highs/lows! You can also setup conditions to open trades automatically on new heights. Speech synthesis allows y

This is a non-repainting professional indicator for any currency pair on H1 chart. This indicator comes with Screen, Sound, Email and Push Notifications. Place your trades (risk of 1 to 2% each) when you get BUY/SELL alerts and EXIT when opposite or EXIT alerts. You can set your take profit from 70 to 100 pips when the indicator is attached to H1 chart. Stop loss may not be required, since you are going to close your trades on EXIT alerts. 

The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the

The TIL Timeframe Overlay indicator is the perfect tool for multiple timeframe analysis . It does the simple yet powerful task of overlaying a candlestick chart of a different timeframe over another allowing you to see the BIGGER picture and see the underlying TREND amid the noise and volatile price action. Please see the screenshots below for examples. Features: It works in ALL timeframe. It works in ANY instrument/symbol. Displays ENTIRE candlesticks (body and wick) of other timeframes includi

The indicator shows you buy/sell signals and does not repaint. It works well with almost all pairs, while the best ones are GBPUSD, XAUUSD and EURUSD. The product works better on H1 and H4. You can change the parameters in the inputs tab to get the best signals and the best trade results on each pair. You can enable/disable alerts when signal appears. The indicator is easy to use. Parameters barstrip & Sensitive: amount of bars to process the highest and lowest prices (relates to the internal

Introduction The "Two Moving Average Crossover" indicator for MetaTrader 4 (MT4) is a technical analysis tool that displays two moving averages and notifies when the moving averages cross each other. The indicator calculates and plots two moving averages, one of which is faster and the other is slower. When the faster moving average crosses above the slower moving average, it is considered a bullish signal, indicating a potential trend reversal or the start of a new uptrend. Conversely, when th

Crossing of market price and moving average with all kinds of alerts and features to improve visualization on the chart. Features Crossing of market price and Moving Average (MA) at current bar or at closing of last bar; It can avoid same signals in a row, so it can allow only a buy signal followed by a sell signal and vice versa; MA can be set for any of the following averaging methods: Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA), Linear-weig

The indicator shows you time remaining till completion of the current candlestick of any timeframe you chose, showing struct (see details). Minute: second. The indicator has 3 parameters: TF - this parameter will help you choose timeframe you want, for example, if you want to show remaining time for M30, set TF=30. If you want to show remaining time of the current period you are seeing on chart, set TF=0 (like in default). Local - this parameter will help you choose location on the chart where t

Description Shows Heikin-Ashi candles (often misspelled Heiken-Ashi) on the chart and can alert when candles change color. The alert is useful for both entry and exit. The number of candles of the new color before an alert is raised can be set. The alert can be controlled interactively, directly from the chart. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as price changes. Usage Heikin-Ashi candles give a much better insight to the underlying tre

Pivots is an indicator to show pivots for relevant time frames. Besides the pivots the indicator can also show daly open line, the resistance and support levels, the ADR Fibonacci levels and the order of the pivots. Pivots includes an intelligent algorithm to eliminate Sunday candles, but only if your broker provides those. Pivots are significant price levels that may serve as support, resistance or breakout levels Settings textFont - font to use for the labels. textSize - font size. textColor -

Description The product draws lines on the chart to show daily support, resistance and pivot plus weekly and monthly pivot. An alert can be set when the price reaches one of the lines or the price closes above/below it. This can be useful for both entry and exit. The alerts can be controlled interactively directly from the chart. The product also includes bonus indicators of Average Daily Range (or Average True Range - configurable), current spread and ask/bid prices in large text, color coded

The most important thing in my system of forces, is the variation and changing of these forces. It is the key to the whole system, and from this point, my second indicator called FORCES-VARIATION appeares important. The indicator is represented in a separate window in the form of the green histogram and the red curve . The parameter NPIuPeriod represents the number of bars on which we calculate the variation of buyers forces. The parameter NPIdPeriod represents the number of bars on which we cal

This panel will be very useful for a research of a trading strategy system. The MA-ControlPanel is based on the very popular Moving Averages indicator. You will be able to change the indicator parameters: Period , Shift , Method and Apply Price by clicking on the Up ( /\ ) and Down ( \/ ) buttons. You may choose your favorite colors using parameters BackGround, maColor1 and maColor2. Sometimes, when you will open a rarely used currency pair or timeframe the indicator will not show its value. In

This is a Control Panel for major indicators: ATR, CCI, RSI, RVI, Stochastic and MACD. You have the ability to change any input parameters for each indicator. For example: ATR atrPeriod = 13; atrColor = Yellow; CCI cciPeriod = 13; cciPrice = PRICE_CLOSE; cciColor = Aqua; This indicator will be helpful for those who like to use many indicators before any decision making.

This is a Control Panel for major chart indicators: Moving Averages, Bollinger Bands, Envelopes, PSAR and Fractals. You have the ability to change any input parameters for each indicator. For example: MA maPeriod = 13; ma_method = MODE_SMA; app_price = PRICE_CLOSE; maColor = Yellow; Bands bbPeriod = 20; bb_dev = 2; bb_Price = PRICE_CLOSE; bbColor = Aqua; This indicator will be helpful for those who like to use many indicators before any decision making.

The [GRAFF] III manual trading system is based on multiple MetaTrader (MT4) indicators. Together, the entire PACK of GRAFF III indicators makes an advanced trading tool. The system consists of over 20 different custom-built indicators which have been carefully selected and tested in the long term to produce strong and efficient trading signals. The particular indicators are based on different mathematical formulas, so the entire system is calibrated to remove false signals from its own indicator

The indicator alerts you when the market price crosses MA line. You can choose any MA line to use via the parameter input tab (see the screenshot below). Parameters (the same as the four parameters you have to choose when you add MA line on a chart): ma_period ma_shift  ma_method (0=Simple; 1=Exponential...) ma_apply (0=Close; 1=Open; 2=High; 3=Low...)  When the price crosses MA line, it will alert you with a message looking as follows: "Price crossing DOWN MA line, pair: EURUSD Period: 60" or "

The indicator help you to do alert when two MA lines cross action You can choose all parameters for two these MA lines to use via parameter input tab (see screenshot below). Parameters Same as 4 parameters you have to choose when you add MA line on chart. Fast MA:  ma1_period ma1_shift  ma1_method (0=Simple; 1=Exponential...) ma1_apply (0=Close; 1=Open; 2=High; 3=Low...)  Slow MA: ma2_period ma2_shift  ma2_method (0=Simple; 1=Exponential...) ma2_apply (0=Close; 1=Open; 2=High; 3=Low...)  When

The indicator alerts you when 3 MA lines cross UP/DOWN (see the screenshot below). You can choose all parameters for these 3 MA lines to use via parameter input tab. Parameters Same as 4 parameters you have to choose when you add MA line on the chart. Fast MA:  ma1_period ma1_shift  ma1_method (0=Simple; 1=Exponential...) ma1_apply (0=Close; 1=Open; 2=High; 3=Low...)  Medium MA: ma2_period ma2_shift  ma2_method (0=Simple; 1=Exponential...) ma2_apply (0=Close; 1=Open; 2=High; 3=Low...)  Slow MA

This indicator will be very useful for a research of a trading strategy system. The RSI-ControlPanel is based on the very popular Relative Strength Index indicator. You will be able to change the indicator parameters Period , Apply Price, HighLevel and LowLevel by clicking on the Up ( /\ ) and Down ( \/ ) buttons. Sometimes, when you will open a rarely used currency pair or timeframe the indicator will not show its value. In this case you should use button " 0 ".

"Make it Horizontal" will convert any trendline to horizontal by just selecting it and then pressing the H key. This tool must be included in your charts as an indicator. It has no inputs, just drag it to your charts and that's it! I created this tool because the MT4 doesn't have any built-in feature like this. How many times have you drawn a line and you need to double click it in order to configure the start and end price level so you can make it horizontal? Well, that's not an issue anymore!

This indicator will be very useful for a research of a trading strategy system. The MACD Control Panel is based on the very popular Relative Strength Index indicator. You will be able to change the indicator parameters FastPeriod , SlowPeriod , SignalPeriod and Apply Price by clicking on the Up ( /\ ) and Down ( \/ ) buttons. Sometimes, when you will open a rarely used currency pair or timeframe the indicator will not show its value. In this case you should use button " 0 ".

Get all the moving averages in one indicator. Simple moving average, Exponential moving average, Smoothed moving average, Linear weighted moving average, Double Exponential Moving Average, Triple Exponential Moving Average, T3 Moving Average and MORE. Find in the comments a Free Expert Advisor that uses the XPMA . It will show you how easy to make an EA based on the XPMA (XP MOVING AVERAGE). Settings: Moving Average Type: The Moving Average Type. It can be one of these types: SMA (Simple Moving

This indicator is based on the classical indicator  RSI (Relative Strangth Index)  and will be helpful for those who love and know how to use not a visual but digital representation of the indicator.  All TimeFrames RSI MT4  indicator shows values from each timeframe. You will be able to change the main input parameters for each RSI for every TF. Example for M1: sTF1_____ = "M1"; Period1 = 14; Price1 = PRICE_CLOSE.

This indicator shows the lateral movement of the price when the indicator line corresponds to zero and Up/Down trend when indicator line is higher / lower than and parallel to zero-line. Of course, the moment when the indicator line is crossing the zero-line is the best moment to enter the market. This indicator has no input parameters... So, the results will be always the same for every time frame and currency pairs.

The ATR indicator is a helpful tool for measuring the range of bars. It quickly and easily helps evaluate the ATR's current spread (range), which is especially useful for VSA traders. The indicator for classifying the range of bars (candles) uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high. Our ATR indicator is rendered as a histogram. This indicator

The   Volume indicator   is an excellent tool for measuring tick volume or real volume activity. It quickly and easily helps traders evaluate the volume's current size. The indicator for classification of the volume size uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high. This indicator can calculate the moving average by four methods: SMA - Simple Mov

The indicator helps you to draw Ask line on the current chart and show the current spread. So, it helps you to do scalping trade easier. See the video below. It shows you how it works. Parameters line_color – Ask line color text_size – text size of spread value text_color – color of spread value Thank you! If you have any question, please contact me via Skype: cuongph149, or email: hungcuongkhmt51@gmail.com

Any chart has patterns of consolidation which are also called accumulation patterns. These are sections where the market has been on the same price level during significant amount of time, and thus it was accumulating positions. After such accumulation, positions are distributing, and the market passes from flat into trend. The Consolidation Levels indicator is a professional tool which identifies these sections and builds levels according to the price of the market at the moment of consolidatio

The main rule of the profitable trading is opening trades in the direction of a trend. You can define the current trend using fractal analysis. Important Levels ResSup displays important price levels on the chart. The breakthrough of those levels shows the price direction. The data panel allows you to track the current trends on all timeframes. The current timeframe's important level values are shown in the comments. The indicator can be useful for traders working by levels. It can also be a par

This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening. Parameters: ForcedTF - ch

The indicator calculates the levels by ATR daily range using the equations: 1AR = Open + ATR -1AS = Open - ATR AR 1/2 = Open + (ATR / 2) AS -1/2 = Open - (ATR / 2) AR 1/4 = Open + (ATR / 4) AS -1/4 = Open - (ATR / 4) AR 3/4 = Open + ((ATR*3) / 4) AS -3/4 = Open - ((ATR*3) / 4) AR 2 = Open + (ATR*2) AS -2 = Open - (ATR*2) Parameters Period ATR - ATR period Shift time - shift by time for Open Color opening of day - Open line color Color 1AR, -1AS - 1AR, -1AS line color Color AR 1/2, AS -1/2 - A